Structured Credit, A Cheaper But Safer Alternative

1. Agency Mortgage-Backed Securities (MBS) 2. Agency Commercial Mortgage-Backed Securities (CMBS) 3. Non-agency CMBS Conclusion In a year of nowhere-to-hide amid interest rate shocks, the global fixed income market has cheapened significantly. However, with recession risks looming in 2023, investors must tread carefully to avoid credit landmines. We currently see Read more…